Managerial Issues Operations Management Assignment Help

Managerial Issues

An organization’s operations strategy provides an overarching framework for determining hew it prioritizes and utilizes its resources to gain a competitive advantage in the marketplace Today’s operations-managers face many new challenges with respect to strategy issues from developing effective strategies to properly implementing them throughout tile organization.
k5 we shall see there are several external factors that affect-operations strategy declensions including an increase in competition that has resulted from the globalization of business and advances in technology Consequently operations managers in many instances are now being asked to do more with less more in terms of faster delivery times more variety and higher quality less in terms of lower material costs lower labor costs and less available time. At the same time managers know all too well that competitors can copy successful strategies and can usually implement them quickly thereby neutralizing to some degree their advantage. As a result these same managers from a strategic perspective must keep a watchful eye to the future constantly looking for the next strategy that will separate their firms from those of competitors.

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